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Barchart
Barchart
Austin Schroeder

RARE PHOTOS: Corn pulling back as usda finds more corn - The Real Truth

IN USDA SD United States ND CmdtyView

Corn futures are falling 6 to 7 cents across most contracts so far on Tuesday, as USDA found a few more bushels than the trade had expected in today’s Grain Stocks report. The CmdtyView national average Cash Corn price is down 6 ¾ cents. 

This morning’s Grain Stocks report showed September 1 corn stock, both on and off farm, at 1.532 bbu. That was well above the average trade guess of 1.336 bbu, as well as the September WASDE estimate for ending stock, yet still 231 mbu below last year. Very minimal revisions were made to the June stocks data, with 2024/25 production up 25 mbu.

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